The Indian GST authorities are investigating a wider issue involving the alleged offering of fictitious services and fraudulent tax credits, which the demand forms part of.
The life market is set to benefit from the country's low penetration, but P&C insurers face challenges such as competitive pricing and rising reinsurance costs.
The (re)insurer is developing its inward reinsurance portfolio and with its expansion to Macau can now provide motor policies which cover the greater bay area.
